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READING COMPREHENSION MCQs

Comprehension, Verbal Comprehension Passage

Total Questions : 948 | Page 76 of 95 pages
Question 751. The author of the passage calls Barrack Obama and his team . Keynesians because BARACK OBAMA has been reluctant to follow Keynes philosophy
  1.    Barack Obama and his team have decided to fill old bottles with banknotes
  2.    None of these
  3.    His team is advising Barack to refrain from Keynes philosophy
  4.    Building houses has been under the active consideration of Barack Obama and his team
  5.    All a,b,c
 Discuss Question
Answer: Option E. -> All a,b,c
Answer: (e)
Question 752. Obamas upcoming American Recovery and Reinvestment Plan focus on which of the following?

  1. Recovery of all debts from the debtors in a phased manner.

  2. Pumping money very liberally in projects that are mandatory.

  3. Investing money recklessly in any project regardless of its utility.


  1.    (B) only
  2.    (B) and (C) only
  3.    (A)only
  4.    (C) only
  5.    All (A), (B) and (C)
 Discuss Question
Answer: Option A. -> (B) only
Answer: (a)
Question 753. According to the author of the passage, food stamps, bridge repairs, etc. are the projects that
  1.    need the least investment and priority as compared to building houses for the needy
  2.    have lower value in terms of returns but require major investments
  3.    do not warrant urgent spending as they have a lower utility value
  4.    may not have any favorable impact on attempts to counter recession
  5.    None of these
 Discuss Question
Answer: Option D. -> may not have any favorable impact on attempts to counter recession
Answer: (d)
Question 754. Which of the following is are corrective measure(s) as part of the long term priorities of Obama that was an outcome of his predecessor's regime?

  1. Countering recession through immediate rescue operations.

  2. Reducing the budget deficit.

  3. Creating a more sustainable economy.


  1.    (B) and (C) only
  2.    (B) only
  3.    (A) and (B) only
  4.    (A) and (C) only
  5.    None of these
 Discuss Question
Answer: Option A. -> (B) and (C) only
Answer: (a)
Question 755. What does the author mean by the Right Step in the passage ?
  1.    Considering market growth along with environment protection.
  2.    To start looking at newer avenues and markets
  3.    Giving loans to creditworthy people only
  4.    Restricting people to buy only such products which are. needed by them.
  5.    None of these
 Discuss Question
Answer: Option B. -> To start looking at newer avenues and markets
Answer: (b)
Question 756. Obama desires to accelerate the process of pumping money with utmost rapidity as the believes that it would

  1. help create reasonably high employment opportunities.

  2. avoid deflation.

  3. inject cash into the already troubled economy


  1.    (B) and (C) only
  2.    All (A) (B) and (C)
  3.    (A) and (B) only
  4.    (A) and (C) only
  5.    None of these
 Discuss Question
Answer: Option B. -> All (A) (B) and (C)
Answer: (b)
Question 757. How do the British economists and political scientists react to budget secrecy? They are:
  1.    advocates of not disclosing in advance the budget contents.
  2.    very critical about maintenance of budget secrecy
  3.    indifferent to the budgeting techniques and taxation policies
  4.    in favour of having a mix of secrecy and openness
 Discuss Question
Answer: Option B. -> very critical about maintenance of budget secrecy
Answer: (b)Eminent British economists and political scientists have strongly attacked the tradition of budget secrecy.
Question 758. What does the author mean by Dustbinisation of the customer?
  1.    Denying the non creditworthy people of any loans.
  2.    Moving from old customers at the home market to foreign markets.
  3.    Convincing the customer to buy products he does not need.
  4.    Denying more loans to people who have already taken loans to a logical limit.
  5.    None of these
 Discuss Question
Answer: Option C. -> Convincing the customer to buy products he does not need.
Answer: (c)
Question 759. Why is the recession the beginning of good news for India in the author's view?

  1. India can provide an attractive market to western companies.

  2. India has remained largely unaffected by recession owing to its huge population.

  3. Indians keep purchasing products despite owning equally good products


  1.    OnlyB
  2.    OnlyB andC
  3.    Only C
  4.    OnlyA
  5.    None of these
 Discuss Question
Answer: Option D. -> OnlyA
Answer: (d)
Question 760. The author thinks that openness in budget is essential as it leads to:
  1.    None of these
  2.    exaggerated revelation of the strengths and weaknesses of economy
  3.    people’s reluctance to accept their moral duties
  4.    prevention of tax implications
 Discuss Question
Answer: Option A. -> None of these
Answer: (a)It leads to the control of public expenditure in order to set realistic taxation implications.

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